Human needs before profits

Detroit declares war on pensioners

Emergency Manager Kevyn Orr’s “Plan of Adjustment” is a declaration of war on the city of Detroit’s 20,000 retirees and…

February 25, 2014

The trillion-dollar student loan bubble

A recent issue of Bloomberg Business Week ran a feature headline: “Student Loans, the Next Big Threat to the Economy?”…

February 21, 2014

Why Debbie Dogskin died

As propane prices soar, 25 states have declared an energy emergency, but it came too late for Debbie Dogskin. And…

February 14, 2014

Subprime loans drive auto recovery

The scramble for profits is again leading to overproduction and the pushing of high-interest loans, this time in the auto…

February 12, 2014

More on the wealth gap

An editorial in our last issue ­explained how a simple statistic arrived at in an Oxfam study on wealth illuminates…

February 8, 2014

The ‘recovery’ and the rich

Between 2009 and 2012, years of so-called U.S. economic “recovery,” 90 percent of the increase in consumption was accounted for…

February 6, 2014

What Obama did and didn’t say

President Barack Obama’s State of the Union address to Congress was an effort to touch the right buttons to retain…

February 5, 2014

Why each $1.3 million GM invests creates just one job

On Dec. 13, General Motors announced with great fanfare that it was going to invest $1.3 billion, mostly in Flint,…

February 3, 2014

Gov. Chris Christie’s ‘Bridgegate’ — Follow the money

The sordid workings of bourgeois politics have been in the spotlight in the New York-New Jersey area for several months.…

January 29, 2014

Court nixes giveaway to banks

Detroit -- In what the corporate media have called a “stunning blow” to Wall Street, two of the biggest capitalist…

January 27, 2014